AR Canada
Major Lender Halts Auto Financing in Canada -- November 21, 2008
SAN FRANCISCO — Wells Fargo Auto Finance confirmed to Auto Remarketing Canada this week that it has decided to pull out of the Canadian ... [ Full Story ]
Carfinco Loan Originations Stall in 3Q; Progress Expected -- November 21, 2008
EDMONTON, Alberta — Though the Carfinco Income Fund showed growth in finance receivables and revenue during the third quarter, the company reported a slowdown in its loan originations, due largely to ... [ Full Story ]
CADA Appoints New Chairman for 2008-09 -- November 21, 2008
MARKHAM, Ontario — At its annual board meeting held recently in Halifax, Nova Scotia, the Canadian Automobile Dealers Association named its new chairman for the 2008-09 term. Taking the reins is ... [ Full Story ]
AutoCanada Sees a 3Q Hit in Transaction Prices -- November 14, 2008
EDMONTON, Alberta — Though officials remained relatively optimistic about the direction of the company, the AutoCanada Income Fund recorded significant losses during the third quarter, as it was challenged by ... [ Full Story ]
TrustMark Says Credit Crunch has Hurt Canadian Dealers -- November 14, 2008
VANCOUVER, British Columbia — As credit remains scarce and auto sales continue to slide in the U.S., Vancouver-based TrustMark Auto Group recently shared how these economic trends have impacted the company's operations. The group's chairman ... [ Full Story ]
Ford of Canada to Implement New DMS Tool -- November 14, 2008
LAKE SUCCESS, N.Y. — Arkona, a subsidiary of DealerTrack Holdings, announced that Ford of Canada will use its DealerTrack Arkona dealership management system as a ... [ Full Story ]